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The galactic Hegmony came to earth and assumed it is under superman's "ownership". They offered superman a  place on the council rewoards so great that "the benefit's package worth twice as much as all the minerals on the planet" 
After refusing the offer, they hire Lobo to change his mind...
 
This issue is also collected in DC Comics Presents: Lobo.

1 issues in this volume Add Issue Reverse sort

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